Azerbaijan's Oil Prices Decline Amid Global Market Shifts

The oil prices in Azerbaijan have seen a decline this week. According to Trend's calculations based on data from the oil market source, the price of Azeri Light CIF crude fell by $3.92, or 3.88%, compared to last week, to $97.09 per barrel.

The maximum price for this grade of crude oil during the week was $101.87 per barrel, and the minimum was $91.22.

The average price of Azeri Light crude oil on a FOB basis at the Turkish port of Ceyhan was $93.12 per barrel, which is $3.96, or 4.08%, less than last week.

During the week, the maximum price was $98.25 per barrel, and the minimum was $86.89.